Author: NBTC

At press time, Bitcoin traded around $62,400 after yet another wave of selling pressure on the market. The decline was accompanied by a significant decrease in derivatives exposure for major exchanges. Binance experienced the largest move, with a 7-day Open Interest decline of over $1 billion. However, the comparison between the reported decline and the cited Open Interest figure requires verification. Source: CryptoQuant Meanwhile, Gate.io previously recorded a low near -$777 million, highlighting how concentrated the latest deleveraging has become. Yet the flush has cleared much of the speculative excess beneath the price. Most downside liquidity clusters have already been…

Asian equity markets clawed back some ground on June 9 (Tuesday) after yesterday’s punishing losses, but the recovery remained fragile as rising bond yields and growing expectations of central bank rate hikes kept investors cautious across the region. South Korea’s KOSPI led the rebound with a 3% gain after plunging more than 8% in the previous session. Japan’s Nikkei 225 rose about 0.5% on Tuesday, snapping a three-day losing streak after Monday’s sharp selloff, while the broader Topix gained roughly 0.9%, according to Trading Economics. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.9%. Asian markets hit hard in…

A spot Litecoin ETF is trading, Litecoin is a commodity by law, and the price sits at $44, down 89% from its peak. The gap between the regulatory milestone and the dead-flat chart is the most important lesson of the coming altcoin ETF wave. The first spot Litecoin ETF began trading in 2026 under the ticker LTCC, launched by Canary Capital after a filing the previous year, making Litecoin one of the first altcoins to win a regulated US exchange-traded fund. Around the same time, the SEC and CFTC formally classified Litecoin as a commodity, removing one of the largest…

Bitcoin Suisse, a Swiss-based financial services intermediary, announced that its subsidiary, BTCS (Middle East), has obtained a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). The license authorizes the firm to provide cryptocurrency financial services to institutional and professional investors within the United Arab Emirates (UAE). Regulatory Milestone in the UAE The FSP marks a significant step for BTCS (Middle East), which had previously received an In-Principle Approval (IPA) from the FSRA last year. The ADGM, an international financial center in Abu Dhabi, operates under a robust regulatory framework designed…

Token Terminal, a renowned on-chain data entity, has partnered with CoinMarketCap, a leading platform for crypto market insights. The partnership is set to bring on-chain data to CoinMarketCap as well as CMC AI. As Token Terminal revealed in its official social media announcement, the development will enable more cutting-edge analytics along with AI-driven research functionalities. With this, the users can anticipate comprehensive access to curated and standardized blockchain metrics to enhance quality of market analytics. https://t.co/uvEU6DNPZc — Token Terminal 📊 (@tokenterminal) July 6, 2026 Token Terminal Enables Institutional-Scale On-Chain Data on CoinMarketCap The partnership between Token Terminal and CoinMarketCap underscores…

Peter Schiff Challenges Bitcoin Valuation Claims After Price Weakness Economist and gold advocate Peter Schiff renewed his criticism of bitcoin on June 23, targeting the narrative that recent price drops have made the asset inexpensive. His critique focused on the absence of traditional valuation metrics. Schiff questioned how investors determine value for an asset that does not generate earnings, yield, or measurable economic output. “Bitcoiners claim bitcoin is cheap. Cheap relative to what? Maybe relative to its bubble high, but not relative to its historic lows,” he wrote, asserting: “With no earnings, yield, book value, or productive use, bitcoin has…

Metaplanet has reiterated that share buybacks remain a potential capital allocation tool after its mNAV ratio fell to 0.92x, a level the company says could support accretive purchases for shareholders. According to a June 9 post from Metaplanet CEO Simon Gerovich, Bitcoin Yield remains the company’s primary performance metric, with capital allocation decisions evaluated through their impact on bitcoin per share. $BTC Yield is our primary KPI, and our capital allocation is focused on maximizing it for shareholders. Share buybacks are a core element of our Capital Allocation Policy (established October 28, 2025). As disclosed, when mNAV is below 1.0x…

Instead of selling everything, each validator would choose a set of subnets to support, much like picking holdings for a fund. The yield that would have been sold is reinvested into the chosen subnets, held as a basket that compounds over time, and staked back to the validator. Stakers still get their yield and can cash out to $TAO whenever they want. Such a mechanism stops the constant selling pressure and turns it into net buying that supports subnet prices. Validators turn from passive yield pipes into active curators, since subnets they back attract fresh capital, while those they judge…

Crypto cards are one of the most active sectors in the space, so far defying the sluggish trading sentiment. Recently, crypto card platforms reported a peak in weekly top-ups from users. Crypto card top-ups and payments signal a new spike of activity, leading influencers to talk about “crypto card summer.” In June, 10 crypto native projects showed peak volumes in terms of usage and transactions. The trend continued in the first week of July, where the top 5 projects kept setting new usage records. As Cryptopolitan reported earlier, crypto card spending broke above $10B, while remaining one of the best…

Layer-1 blockchains will come under increasing pressure to sacrifice decentralization for speed and efficiency as adoption of the technology grows, according to Injective CEO Eric Chen. This pressure will come from the need to satisfy users’ desire for faster speeds or more block space for higher throughput, Chen told Cointelegraph’s Chain Reaction podcast on Monday. “In our mind, it’s essentially about finding scaling opportunities without compromising the fundamental pillars that define what a blockchain is,” he said. With blockchain adoption accelerating due to institutional adoption and agentic AI finance, this tension is about to be tested on a much larger…